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Atlantic Union Bankshares AUB Consumer Banking — Goodwill Purchase Accounting Adjustments

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Wholesale Banking
$26.7M

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Other financials

Income statement

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Revenue$415.4M+3.1%
Net income$161.0M+714%
EPS (diluted)$1.11+825%

Balance sheet

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Cash & equivalents$990.3M-37.7%
Total debt$2.0B+96.6%
Total equity$5.2B+6.6%
Total assets$38.1B+2.2%

Cash flow

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Operating cash flow$150.2M-92.1%
CapEx$6.4M
Free cash flow$143.8M-92.5%

Valuation

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Market cap$6.02B+33.4%
Enterprise value$7.04B+78.3%
P/E12.4×-9.8×
P/S3.9×-0.4×

Profitability

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Net margin31.6%+12.3pp
FCF margin34%-168pp

Returns & leverage

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Return on equity9.8%+4.6pp
Debt / equity0.4×+0.2×

Where this comes from

Reported directly by Atlantic Union Bankshares in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The source filing: Atlantic Union Bankshares’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:41 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000883948-26-000073

(2) During the first quarter of 2026, goodwill was reallocated among reporting units as a result of measurement period adjustments associated with the Sandy Spring acquisition, resulting in a $26.7 million increase in Wholesale Banking and a $5.2 million decrease in Consumer Banking. As of March 31, 2026, the purchase accounting was finalized and no longer subject to change.

ITEM 1 – FINANCIAL STATEMENTS

FAQ

What is Atlantic Union Bankshares's consumer banking — goodwill purchase accounting adjustments?
Atlantic Union Bankshares (AUB) reported consumer banking — goodwill purchase accounting adjustments of -$5.2M in Q1 2026.
What does consumer banking — goodwill purchase accounting adjustments mean?
Reflects the adjustments made to the carrying value of goodwill within the consumer banking segment resulting from purchase accounting processes during acquisitions. These adjustments align the acquired assets and liabilities with their fair values at the date of acquisition. This metric is critical for understanding the impact of M&A activity on the segment's balance sheet.

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